BaFin: consultation on amendments to MaComp regarding the Securities Trading Act
BaFin intends to amend MaComp circular on the Minimum Requirements for the Compliance Function and Additional Requirements Governing Rules of Conduct, Organization and Transparency pursuant to Sections 31 et seq. of the Securities Trading Act (Wertpapierhandelsgesetz("WpHG")) for investment services enterprises and made available a proposal for consulation. BaFin intends to amend paragraph BT 3.2 and to partly abolish paragraph BT 5 of the MaComp. The latter adjustment results from new provisions of the market abuse regulation (EU) 596/2014 ("MAR"), directly applicable in Germany since July 2016, that have therefore replaced several provisions of the WpHG. In order to avoid potential inconsistencies with regard to the uniform interpretation of the MAR throughout Europe, certain sections of the MaComp, especially those specifying the annulled provisions of the WpHG, need to be removed. The consultation period will end at 14th December 2016. The text of the proposal (German) is available via the link below.
Last updated · 13 Mar 2026
Regulatory News - Banking & Finance
See all Regulatory News - Banking & FinanceFCA: GC26/7: Decentralised Finance
FCA has published a guidance consultation paper on decentralised finance (DeFi) to help firms understand how existing operational resilience and financial crime requirements may apply when they provide financial services using DeFi. The draft non-Handbook guidance is set out in Annex 1. Responses are required by 18 November 2026. FCA intends to publish final guidance in January 2027.
FCA: CP26/36: Cryptoasset perimeter guidance
FCA has published a consultation paper CP26/36 on changes to its Perimeter Guidance manual (PERG) to reflect the amendments to the cryptoasset regime introduced by the Financial Services and Markets Act 2000 (Cryptoassets) (Miscellaneous Amendments) Regulations 2026. The changes explain FCA’s view of how the amendments in the legislation apply, and how the new exclusions interact with the regulated cryptoasset activities. The amended draft Handbook text is set out in Appendix 1. Responses are required by 18 November 2026. FCA intends to publish final guidance in spring 2027.
The Central Counterparties (Transitional Provision) (Extension and Amendment) Regulations 2026/1010
The SI extends by a further 12 months the transitional regime for overseas qualifying CCPs contained within Article 497 of the UK CRR.
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